Orion Group (ORN) EVP & General Counsel awarded 20,169 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Earle Edward Chipman reported acquisition or exercise transactions in this Form 4 filing.
Orion Group Holdings Inc reported that EVP & General Counsel Edward Chipman received a grant of 20,169 shares of Common Stock on March 3, 2026. The transaction was recorded at a price of $0.0000 per share, indicating it is an equity award rather than an open‑market purchase.
According to the disclosure, Chipman held 145,926 shares of Common Stock directly following this grant. A footnote states that these restricted shares are scheduled to vest ratably on April 1, 2027, April 1, 2028, and April 1, 2029, meaning the award becomes fully available to him over this three-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Earle Edward Chipman
Role
EVP & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 145,926 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Orion Group Holdings (ORN) report for Edward Chipman?
Orion Group Holdings reported that EVP & General Counsel Edward Chipman received a grant of 20,169 shares of Common Stock on March 3, 2026. The equity award was recorded at $0.0000 per share, indicating a compensatory grant rather than an open-market trade.
Is Edward Chipman’s Orion (ORN) stock award a buy or an acquisition grant?
The filing classifies Edward Chipman’s transaction as an acquisition through a grant or award, not an open-market buy. The Form 4 uses transaction code “A” and describes it as a grant, award, or other acquisition of 20,169 restricted Common Stock shares.